Gauging economic health using local news

The Singapore News Economic Sentiment Index, which is derived by analysing text from newspaper articles, showed a marked improvement last year from the previous year. This improvement coincides with Singapore's gross domestic product growth of 3.6 pe
The Singapore News Economic Sentiment Index, which is derived by analysing text from newspaper articles, showed a marked improvement last year from the previous year. This improvement coincides with Singapore's gross domestic product growth of 3.6 per cent last year, from 2.4 per cent in 2016.ST FILE PHOTO

Analysing articles for keywords and positive or negative words can be useful: MTI report

Measuring sentiment in local news articles can be a handy gauge of Singapore's overall economic health, according to a Ministry of Trade and Industry report.

The Singapore News Economic Sentiment Index (SNES), which is derived by analysing text from newspaper articles for keywords and positive or negative words, showed a marked improvement last year from the previous year.

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A version of this article appeared in the print edition of The Straits Times on May 25, 2018, with the headline 'Gauging economic health using local news'. Print Edition | Subscribe